Alliance Laundry to launch $1.25 billion term loan on Monday

By Sara Rosenberg

New York, Sept. 18 – Alliance Laundry Systems is scheduled to hold a lender call at 10 a.m. ET on Monday to launch a $1.25 billion term loan, according to a market source.

UBS Investment Bank is the lead on the deal.

Proceeds will be used to refinance existing debt.

The company was previously an issuer in the term loan B market prior to its acquisition by BDT Capital in 2015.

Alliance Laundry is a Ripon, Wis.-based designer, manufacturer and marketer of commercial laundry equipment.

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